JD.com, Inc. (NASDAQ:JD) Shares Sold by Bayesian Capital Management LP

Bayesian Capital Management LP cut its holdings in JD.com, Inc. (NASDAQ:JD - Free Report) by 75.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,800 shares of the information services provider's stock after selling 172,889 shares during the period. Bayesian Capital Management LP's holdings in JD.com were worth $1,935,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in JD. Wilmington Savings Fund Society FSB purchased a new position in JD.com during the third quarter worth about $49,000. Tidal Investments LLC lifted its holdings in shares of JD.com by 38.7% in the 3rd quarter. Tidal Investments LLC now owns 34,036 shares of the information services provider's stock valued at $1,361,000 after buying an additional 9,500 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of JD.com in the 3rd quarter valued at approximately $341,000. Nordea Investment Management AB boosted its stake in shares of JD.com by 7.2% in the fourth quarter. Nordea Investment Management AB now owns 451,509 shares of the information services provider's stock valued at $15,821,000 after buying an additional 30,140 shares in the last quarter. Finally, Range Financial Group LLC acquired a new position in JD.com during the fourth quarter worth $824,000. Hedge funds and other institutional investors own 15.98% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on JD shares. Macquarie restated a "neutral" rating and issued a $35.00 price target on shares of JD.com in a report on Wednesday, April 23rd. Barclays upped their target price on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, February 28th. Mizuho lifted their price target on JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. UBS Group set a $51.00 price objective on shares of JD.com in a research note on Friday, March 7th. Finally, Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $49.27.

JD.com Trading Down 0.8 %

JD stock traded down $0.26 during trading on Friday, reaching $33.86. 6,674,442 shares of the stock traded hands, compared to its average volume of 14,261,445. The firm has a market capitalization of $53.40 billion, a PE ratio of 10.72, a P/E/G ratio of 0.31 and a beta of 0.56. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The business's 50 day moving average price is $37.84 and its 200-day moving average price is $37.99. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th were given a dividend of $0.76 per share. This represents a yield of 1.7%. The ex-dividend date was Tuesday, April 8th. This is an increase from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is 26.13%.

JD.com Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.